Sirius XM Rises on Deal to Keep Howard Stern On Air
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Sirius XM Radio Inc., the U.S. satellite-radio broadcaster, rose the most in five months in Nasdaq trading after securing a contract to keep talk-show host Howard Stern for five more years.
Sirius XM gained 7 cents, or 5.7 percent, to $1.39 at 4 p.m. New York time in Nasdaq Stock Market trading, the biggest gain since July 7. The shares have more than doubled this year.